The Diocese of Central Florida

Revised Nov 2005

THE DIOCESE OF CENTRAL FLORIDA

DIOCESAN LOAN POLICY AND

GUIDELINES FOR SEEKING DIOCESAN APPROVAL OF LOAN TRANSACTIONS (Continued)

TRANSACTION QUESTIONNAIRE (please type your responses on a separate sheet of paper)

1. Please attach a one page summary of the project that informs the reader of what you plan to do, how you plan to do it, and how you plan to pay for it.

1. What is the purpose of the loan, and how will the loan proceeds be used?

1. How will this project impact the Mission and Ministry of the Congregation?

1. What is the amount of the loan?

1. When will construction begin and when will loan funds be needed?

1. What institution will make the loan and what are the terms, including interest rate, points, duration and any special provisions?

1. Will any consecrated property be pledged to collateralize the loan?

1. What is the source of repayment for this loan (e.g. capital funds drive, regular budget activity, etc.)?

1. What steps are you taking to ensure that this transaction has a positive impact on stewardship in your congregation?

1. Who should be contacted for additional information about this transaction? What is the phone number and when is the best time to call?

1. Please attach the budget for your building/improvement program.

1. Please complete the attached budget worksheet.

Note: Please use the attached form and transfer your information to it. The layout of this form facilitates efficient and effect analysis by the Finance Committee. Please do not simply print out several year’s income statements from your accounting system and attach them to your loan application. Doing so will result in your application being sent back for re-submission.

1. Please complete the attached comparative balance sheet and make sure it balances.

Note: Please use the attached form and transfer your information to it. The layout of this form facilitates efficient and effect analysis by the Finance Committee. Please do not simply print out several year’s balance sheets from your accounting system and attach them to your loan application. Doing so will result in your application being sent back for re-submission.

1. Please attach copies of the following: prior year’s annual parochial report, prior year’s audit report, and the current year’s diocesan pledge card.